Global Cloud SCM Market to Attain the Market Size of USD 15.3 billion by 2024, Witnessing 20.0% CAGR During 2018 – 2024 - PowerPoint PPT Presentation

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Global Cloud SCM Market to Attain the Market Size of USD 15.3 billion by 2024, Witnessing 20.0% CAGR During 2018 – 2024

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The global cloud SCM market is expected to grow at 20.0% CAGR during the forecast period with the market size reaching USD 15.3 billion by 2024. The market is driven by the factors such as low initial investment level and increasing high demand from transportation and logistics sector. Industry players are expanding their product portfolio with focus on easing the complexities of supply chain by providing inventory & warehouse management, transportation management, demand planning & forecasting, logistics management, and sales and operations planning among others. – PowerPoint PPT presentation

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Title: Global Cloud SCM Market to Attain the Market Size of USD 15.3 billion by 2024, Witnessing 20.0% CAGR During 2018 – 2024


1
Global Cloud SCM Market
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2
Industry Overview
  • The global Cloud SCM market is expected to grow
    at 20.0 CAGR during the forecast period with the
    market size reaching USD 15.3 billion by 2024.
    Different solutions including product life-cycle
    management, demand planning forecasting,
    logistics management, and inventory warehouse
    management are together hold the majority of the
    cloud SCM market size. The market has witnessed
    significant growth over the last few years due to
    the reduction in cost incurred by enterprises
    with the usage of these SCM solutions and
    reduction in chances of potential failures.
  • Explore Full Report Description at
    https//www.vynzresearch.com/ict-media/cloud-scm-m
    arket

3
market segmentation
  • Based on solution, the cloud SCM market is
    categorized into inventory warehouse
    management, transportation management, demand
    planning forecasting, logistics management,
    product life-cycle management, sales operations
    planning, product master data management, order
    management and procurement sourcing. Of all
    these, demand planning forecasting solutions
    account for the largest share in the market,
    globally. It will also witness the highest growth
    during the forecast period. Demand planning and
    forecasting helps enterprises to accurately
    predict the revenue forecast and manage optimum
    inventory levels, thereby witnessing the
    significant growth over the years.

4
Geographic Overview
  • Geographically, North America is the largest
    cloud SCM market and Asia- market is expected to
    grow at the fastest CAGR during the forecast
    period. North America has been at the forefront
    of adopting and investing in the latest
    information and communication technologies. This
    leads to the huge demand for cloud SCM solutions
    and services across the industry verticals. U.S.
    remains the larger market in North America and
    also predicted to grow at the faster CAGR during
    the forecast period.
  • Countries in Asia-Pacific are promoting
    innovation for digital technology. It involves
    investing in Internet-based economy including
    digital transformation and cloud-based
    technologies. Different industry verticals in the
    region are adopting smart manufacturing practices
    which involve smart procurement, which drives the
    Asia-Pacific cloud SCM market.

5
Competition among key players
  • Key players in the autoinjectors market are
    catering the demand of these devices by investing
    on technologically advanced products in their
    product portfolio across the globe. In December
    2016, Mylan N.V. launched the authorized generic
    for EpiPen, as an autoinjector. Abbvie, Ypsomed,
    Consort Medical, Johnson Johnson, Mylan,
    Becton, Dickinson and Company, Amgen, Haselmeier,
    ELI Lilly, Owen Mumford, Scandinavian Health
    Limited and Antares Pharma are the key players
    offering autoinjectors.

6
In
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